Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
You will still come and post for us won't you even when you have sold up.
Thanks for that mate.
Anyone know when the Board Meeting is? As the price will go down by the amount of the dividend once that's announced and xd.
I guess we need there to be at least two takers to join us in this project or it is set a price not of our choosing. Secondly if the final investment decision is 6 months after a drill later this year, why are we expecting price changing news imminently?
150p by the end of Feb seems very ambitious given that the only news we are expecting during Feb will make the Company less valuable. What do you know that we don't?
None of us really know what's happening here but Chariot's history tells us that much excitement usually ends in disappointment although there are opportunities to make money, the most recent being in October. Has Chariot been a fraud all along? If something is too good to be true then it usually is. Tomorrow we are going to be millionaires . These and other thoughts begin to enter our minds and play artound our senses as we wait for news. Will it be same old Chariot or will it really be different this time? You can have all the gas in the world but it's no good if you can't get it out of the ground! Why are we worried? Probably because we have invested (gambled?) a little more than was wise in the fate of this company which has really done nothing but disappoint so far. If by Easter there is good news we will all heave a sigh of relief - utter I always knew it would come good and head off to dispens our new found wealth. However if there is no news or bad news then we continue to question our judgement in ignoring our instinct and punting on this bad boy. Like you all I am hoping for the best whilst fearing the worst and as time without goes on, morale gently ebbs away but there is always hope and in the end it's the hope that gets you. Good luck all I am feeling our pain a little at the moment.
True dat but the trick will be not to be in when it does halve.
They are going to decide how much about now when the Q2 results come out., which should be this week. They are very cautious so I doubt it will be anything like 30p although I won't speculate on how much because I simply don't know. I think only they know and the rest is noise.
No Craig I don't think we will go to 18p or anything like it. I was just responding literally to your post. Truth is I don't know what is going to happen just like the rest of us but end of quiarter results must be due this week according to the key dates on the website and that should give us a steer. I am just hoping that there is a big jump before the big market correction that surely must be heading our way given what is going to happen to the economy going forward.
Well we seem headed that way and I'd take an 85p divi! Not a specific to Sylvania thing just a general divi thing I've noticed.
Must be some results due out this week which should give it a push back upwards. I am less excited about the divi as the share price always goes down by the amount of the dividend so its as if it has n't really been paid.
Thanks folks an interesting insight. One point leapt out at me was the world going back to normal post vax. Remember for there to be be planes full of people flying all over the world again then the whole world needs to be vaccinated not just the big economies. That may take several years. Having said that we've waited 10 years another couple won't hurt.
Does anyone think that with a market cap of £33m and a massive project like Lixus and Anchois that we might simply get taken out by one of the big boys? If so what sort of price do you reckon we could get snapped up for.
To be fair he said closer to 10 than 8 but we didn't see that either. I'd put the tissues away for now as this will be slow. I am hoping to hear something by Easter though.
Well Shc I'm just making the point that the market is being supported by QE at the moment and if that stops then the whole market is most likely to take a tumble not the market except for AIM shares. The market has bounced back from Feb not because the UK's prospects look outstanding but because of QE. So that is a risk for our company here. It lost 50% of its value between the end of January and the end of March and so is clearly not immune to whats going on around it.
I know we all get excited at the slightest movement here but it is positive news that is going to drive this. I guess the biggest risk to us and all speculative share like us is that when the B of E stops its quantitative easing the stock market will crash and our type of share tends to be the kind that falls most. Of course it will come back at some point especially of there is a good news story but we won't be immune to that sick feeling you get on those big fall days. I'm not sure when that big crash is going to happen, presumably not whilst the furlough scheme is in operation but Q2? Thoughts anyone?
CHAR looks hopeful. Sylvania could still have some legs. MATD looks promising too but is very much in thrall to the Chinese. There was a video by a chap who made 70% on his tips last year and he recommended 1) Sourcebio 2) Anexo 3) Begbie Traynor 4) Belvoir 5) RealEstate Intl My own big hope for the year is RBG
WTF indeed. I mean they changed the bid price to over 9 at the end of the day for no good reason. That means a massive drop on Xmas eve. My virtual portfolio will show a loss and I will be sad going into Xmas.
Will start with a big drop on Monday as that 9.5 came from nowhere and it's only a couple of hundred quid. Won't be a worrying drop though as it shouldn't be 9.5 anyway.
From what I can see - and feel free to correct if I have missed the point here. If we invest $3-500m dollars (lets call it $400m) convert that to £ is £300m. We will make £118m on Anchois so almost a 33% return. That alone gives a share price of about 32p. Plus anything else we have lying around that we can turn into cash.